Last week, the European Commissioner for Social Affairs, Vladimir Spidla called upon the Member States to "adapt European pension schemes to new demographic trends and to the new labor market to make them adequate and sustainable." In a study presented on October 20 by the Commission, it appears that private pension schemes are growing within the EU bit that their accessibility and sustainability still need to be improved. This report should enable the Member States, as part of the open consultation method, to exchange good practices to face stakes due to ageing. (Ref. 080837)
Diversity. Pension schemes are still very different within the EU. The study
shoes four categories of countries have, at different levels, private pension
schemes. Spain and France come in last in this respect. They use little private
funding and do not intend to change this, according to the report. On the other end, Denmark, Great Britain
or the Netherlands have always based part of their pension promises on
private funded schemes. However, the Commission’s report points out that coverag
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